South Korea’s KOSPI falls 5.8% amid global chip selloff
South Korea’s KOSPI plunged 5.8%, triggering a sell-side circuit breaker known as a sidecar, as chip stocks sold off globally and bond yields rose worldwide.
By DoomRadar · Published on DoomRadar .
Why it matters
The sharp market decline and broader chip-sector selloff indicate a potentially significant regional and global financial shock.
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- KOSPI Plunges 5.8% as Sell Sidecar Triggered Amid Global Chip Selloff and Surging Bond Yields Worldwide ↗ibtimes.com.au · Recorded source date: Aug 19, 2026, 9:02 AM UTC
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